Sessions for Success

Suggested topics to introduce the newer players to sound money management habits.

Operating on the notion of individual personalities, we run the players through a fun, quick assessment to determine how they personally think about money and how it helps and/or hinders them from achieving their financial goals. We then discuss how their “money personality” plays a part in addressing three foundational areas of budget, advisory team, and family and friends. Players walk away with a deeper understanding of their personal money beliefs and corresponding behaviors with the hope of utilizing a more self-aware approach to finances. This session is a precursor to numerous other sessions.

Balancing work and play can be difficult and spending and saving is always a challenge. During this engaging session we break it down for players with how to craft a budget, why it’s important, and how to easily set one and stay on track.

Delivered through the lens of performing a draft, we educate the players on how to interview and build out their advisory team. We put them through the drills of investigating and vetting options while also outlining strategies to allow them to manage and run their advisory team like a business.

For players who have expressed an interest in investing in the market, this session educates them on why it’s important to understand and invest in the paint (basics) before taking more long-range, high risk shots in the market.  Investing in the Paint highlights the fundamental knowledge and skills necessary to become a successful player in the market, including investing’s role in a long-term plan as well as prudent types of investment vehicles available.

One of the more complex and forgotten components of financial wellness is understanding and utilizing credit correctly.  In this session players have fun while being educated through scenario-based exercises that explain and explore strategies to improve and use credit wisely.

This session keeps it real by discussing the issues that challenge our players and distract them from their best performance.  We provide empowering strategies pertaining to the emotional challenges of working with, managing, and dealing with family, friends, and their demands.

More advanced topics for those players on their second contracts. Most understand the basics are seeking resources for managing higher income.

Players often claim to have to work for a bag, but rarely do they know, what’s in it.  This session takes the time to examine potential components of a healthy balance to their business and financial affairs to determine exactly what they own, how it’s performing, and the applicable action steps, if needed.

Many players look at that second contract as a “Do Over”, a chance to get it right.  We address that in an engaging way that uncovers some of the financial fouls made with their first contract while enlightening them with strategies to adjust their financial activity to maximize the impact and potential of the second contract.

This is the first question we ask players. The next questions are found to be direct and eye-opening as we walk players through the critical steps, including key considerations for evaluating, planning, and running a business, that many often disregard out of naiveté or “get rich quick” mindsets.

Fueled by stories of “cryptomilionaires,” cryptocurrency has fired up the imaginations and desires of those looking to join the party. Yet, scams and fraud are emerging just as fast as the fad. No doubt there are players with greater investment experience looking to join the game. But before they make any moves, let us educate them on what crypto really is, how it works, pros and cons of ownership, and the pitfalls to avoid.

Suggested topics to guide seasoned players through financial topics that apply to and impact their lives after the league.

The NBA and NBPA provide players with a Rolls Royce caliber financial benefits package.  Properly understanding all the benefits and how they can work together, will give players the ability to maximize their benefits.  In this session we examine each benefit and discusses strategies to make sure players are getting the most out of them.

In this session players are encouraged to take a hard and comprehensive look at their financial details and to work with their team of advisors to determine if they are on target to achieve their personal goals. We provide an objective third-party analysis to help players understand their financial picture and what adjustments, if any, are needed to ensure overall financial wellness.